|Default Of Shares|
|Saturday, 04 April 2009 18:24|
Catch The Bunny understands that from time to time circumstances arise when people fall behind in there payments.
We will try to resolve these problems by extending deadlines but if any deadline is extended and the money owing has not been payed and NO ATTEMP FROM THE SHARE HOLDER HAS BEEN MADE TO CONTACT THE ADMIN TEAM FOR 30 DAYS CATCH THE BUNNY RESERVES THE RIGHTS TO PUT UP FOR RE-SALE ANY SHARES THAT ARE DEEMED TO BE DEFAULTED BY THE CURRENT SHAREHOLDER.
This will always be a last resort and we hope that Catch The Bunny members fulfil there obligations where payment is concerned.
IF YOU DO DEFAULT ON YOUR SHARES YOU WILL NOT BE ENTITLED TO ANY REFUND AND YOUR SHARES WILL BE RE-SOLD.
Once Training Commences
Once your dog reaches age where training fees are applicable (unless on a 50-50) if you fall in arrears you will not be entitled to any prizemoney for that month and until the fees are paid. If you do not pay your training fee's for 2 months you will be issued with a WARNING OF INTENT to declare your shares void if not paid within 14 days of contact. If not paid within the 14 days you will be deamed to be in default and will lose your shares and you will no longer be regarded as part of your syndicate in question.
IF A SHARE HOLDER DEFAULTS FOR WHAT CTB BELIEVES TO BE SELECTIVE NON PAYMENT - IF THEY ARE IN ANY OTHER CTB SYNDICATES ANY PRIZE MONEY WILL BE FROZEN UNTIL THE ARREARS HAVE BEEN PAID, THIS INCLUDES PUP SYNDICATES AND WILL STILL FALL UNDER THE DEFAULT RULES FOR NON PAYMENT
|Last Updated on Saturday, 10 September 2011 09:01|